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20130512
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the sold defensive names. consumer staple companies like procter & gamble, utility companies. and what it suggests to me is investors are coming back into the market. but they're doing it in a very tentative way, dipping their toe in the water and finding the companies and stocks that feel safest. >> one thing about this rally is that everybody questions it. i mean, every time you turn around, someone is saying well, the sell-off is around the corner and the sell-off is happening. michael, what about that? it's such an unloved rally. and technical strategists will say that's a contrary indicator because everybody is questioning it, they think the market keeps going higher. so how do you characterize the earnings season that is almost done and the fundamentals that are driving this market? >> well, it has been, as you mentioned, an unloved market. but, you know, earnings have actually been up fairly good so far. the numbers in terms of the current numbers have been pretty reasonable. what has really been telling, i think, is future earnings guidance has actually been pretty conservative
of defense. but if dow invests in these coastal ecosystems, there are a whole bunch of environmental cobenefit. >> and then you have one major mistake that totally changes the perception of business, of -- like the bp oil spen in 2010, took a terrible toll on the company's reputation on the idea that you could actually be drilling deep water safely. >> right. >> mistakes will happen. >> mistakes will happen. we all have to be kind of humble. environmentalists will make a mistake, business will, the government will too. and by the way, there are also bad actors out there. we're not naive. well get the idea there is a need to keep an eye on business. but there is huge untapped opportunity to pursue these win-wins, a more collaborative approach to protecting nature. >> give me your take on the top couple of most worrisome issues toward nature right now. >> a couple come to mind right off the bat. here at home in the u.s., we need to rebuild bipartisan support for the environment. we've kind of lost that. we need a strong government partner. water issues loom large too. but in water, the
storms. now together we're looking investing in coastal ecosystem, likely lore cost and better defense. if dow invests in coastal ecosystem there's a bunch of environmental co-benefits. >> you have one major mistake that totally changes the perception of business, of like bp oil spill in 2010. took a terrible toll on the company's reputation on the idea that you could actually be drilling deep water safely. >> right. >> mistakes will happen. >> mistakes will happen. we have to be kind of humble. environmental will make mistakes, business will but government will, too. there are also bad actors out there. we're not naive. we get there's a need for strong regulation, a need to keep an eye on business. there's huge untapped opportunity to pursue win-wins. a more collaborative approach to protecting nature. >> give me your take on the top couple of most worrisome issues toward nature right now. >> a couple come to mind off the bat. here in the u.s. we need to rebuild bipartisan support for the environment. we've lost that. we need a strong government partner. water issues loom large. in wa
Search Results 0 to 4 of about 5 (some duplicates have been removed)